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Re: Silver surges as Reddit army targets precious metals
I think that believing that “banks are artificially suppressing prices” is nutty. There is no reason why they should. Central banks especially in silver producing countries like Mexico and Peru are happy to see higher prices, silver is not Game Stop. Besides, in futures, specs are long. I wonder what manipulation exists in Reddit itself. I don’t see legitimate arguments justifying buying silver. What if we make a case in Reddit for coffee?
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